SEC Chairman: Insider Trading Is a ‘Problem of Tremendous Magnitude’
U.S. Securities and Exchange Commission Chairman Mary Schapiro said Thursday that insider-trading is a "problem of tremendous magnitude" and that her agency is in the middle of “many cases and investigations” in that realm.
Further further reading
The “Further further readings” post usually runs in the late afternoon US time, but in this case you can file it under “we forgot to hit publish”. Doh!...
Former Nomura fund chairman fingers Nomura Asset Management to the SEC
It’s a bit of an odd one this. So here’s a straight story to start:——- Nomura Asset Management USA, the American offshoot of the Japanese bank’s asset management business,...
Contrary indicators, US regulator edition
Investigators have put the entirety of Wall Street on the naughty step over subprime securities in recent days — and tough financial reform is zipping through the Senate....
Schapiro on the flash crash: no evidence of a fat finger
The Great Flash Crash mystery endures. According to SEC chair Mary Schapiro it probably wasn't a 'fat finger' and its certainly wasn't a terrorist. FT Alphaville has her Senate...
Schapiro defends regulators. Again.
Mary Schapiro must be getting a bit bored of having to mount lengthy defences of the regulatory bodies she has headed.Under her tenure, for instance, FINRA failed entirely to...
SEC Chair on the Hot Seat? Finra Scandal Could Put Her There
Filed under: Scandals
Veteran Bloomberg reporter Susan Antilla wonders in her latest column whether Securities and Exchange Commission (SEC) chair Mary Schapiro is the right person to have at the helm of the SEC.
Back in 2006, Schapiro was the head of the National Association of Securities...
SEC warns brokers against big bonuses
Filed under: Management, Employees, Market matters, Personal finance
If you've worked as a broker you know the game. The house sets quotas. You must meet the quotas or its good-bye.
As a broker, your first and foremost obligation is to the client....
